“The conspiracy and scheme was enormously successful, netting the defendants substantial illegal profits” in the billions of dollars … JPMorgan and HSBC together “controlled over 85 percent the commercial net short positions”…

Anyone who’s been paying attention knows that the United States federal currency has been grossly devalued as the Federal Reserve has been printing paper dollars 24/7 to fund the “stimulus” that’s supposed…

In yesterday’s New York Times, William D. Cohan refines what was once a confusing and fringe theory about JP Morgan and HSBC’s involvement in silver market manipulation into a very plausible scenario, tying in the cloak and dagger elements of the story with the currently unfolding class action lawsuits in several states.

Once again, the Xtranormal.com platform is being put to good use to elucidate exactly what’s happening:

Each segment has information that I found useful, especially the fact that there is actually no physical silver left in circulation — nice touch. Part II is here and part III available here.

Part IV is here, and after the creators accidentally deleting the original voices, the bear in the overalls is now sounding strangely like John Lennon.

Another source of information and a more detailed breakdown on basic market manipulation and arbitrage is available here. The site that appears to be the sponsor/creators of the Xtranormal videos silvergoldsilver.blogspot.com is less clear, but has information as well…

Max Keiser, financial analyst and host of RT’s Keiser Report, and Texas radio host Alex Jones are telling their listeners and fans to buy silver. Ostensibly the reason is to destroy the value of the JP Morgan bank. The cynic in me wonders if Alex and Max have an existing position in silver that they’d like to see increase in value. Anyone have any real insight?

You can almost predict the oft-repeated explanations the pundits offer up every time the precious metals behave irresponsibly. The trouble with being a contrarian is that you can never be quite contrarian…